Recent company layoffs - JPMorgan

JPMorgan Chase & Co. Announced: Feb. 26 Number of layoffs: 12,000 jobs Reason for the cuts: The company said the jobs will be eliminated related to its acquisition of Washington Mutual Inc.

JPMorgan Chase & Co. Announced: Feb. 26 Number of layoffs: 12,000 jobs Reason for the cuts: The company said the jobs will be eliminated related to its acquisition of Washington Mutual Inc. (Photo by Cate Gillon/Getty Images)

JPMorgan Chase & Co. Announced: Feb. 26 Number of layoffs: 12,000 jobs Reason for the cuts: The company said the jobs will be eliminated related to its acquisition of Washington Mutual Inc.